Caterham working on a new entry-level Seven - will be priced under £17k

As Caterham celebrates 40 years of developing and manufacturing the iconic Seven, the company has announced a new affordable entry-level model, taking the brand back to its simple design roots but remain entirely true to Caterham’s mantra of delivering “accessible fun”.

The new car will be priced at under £17,000 and will pay homage to the brand’s engineering DNA of ‘adding lightness’, with a super-compact, flexible and EU6-compliant engine.

The new unnamed car will be launched in Autumn, with first deliveries expected before the end of 2013.

Caterham Cars CEO, Graham Macdonald, said: “As we celebrate our 40th anniversary at Caterham, it feels good to be taking the brand right back to where it started. Colin Chapman designed the original Seven to be entirely ‘fit-for-purpose’ – a racing car for the road with the driving experience at its heart.